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Correlate

Correlation Analysis

Bloom Energy Corporation vs Mastercard Incorporated

BE vs MA

+0.441

Moderate positive

When one moves up, the other tends to follow.

BE logo

Bloom Energy Corporation

BE

Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. Bloom sells its systems in the United States and internationally.

Market cap 37.9B · 2,214 employees

MA logo

Mastercard Incorporated

MA

Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Market cap 447.2B

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockFinancials

Time Series

Relative Performance

Green: BEGray: MA36 of 1,254 points (sampled)

Who Moves First

MA leads BE by 6 days

MA tends to move before BE.

After testing 13 timing shifts, the strongest relationship was +0.463 (they moved in the same direction).

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

-0.139

10 periods · Return correlation when both series rose

Both Falling

+0.125

8 periods · Return correlation when both series fell

Diverging

-0.667

17 periods · Return correlation when series moved apart

R-Squared

19.4%

Share of variance in one series explained by the other.

Trend Agreement

57.9%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [0.395, 0.485]

Scatter

XY Regression

-0.6020406080100120140149.4308.1350400450500550599.5Bloom Energy CorporationMastercard IncorporatedData pointsFit (r = 0.441)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

BE logo

Bloom Energy Corporation

BE

Market cap 37.9B · 2,214 employees

Stock · 1,254 raw → 1,254 prepared

Series B

MA logo

Mastercard Incorporated

MA

Market cap 447.2B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

8

Estimated crossover points between normalized spreads.

Slope

1.1019

Linear regression slope.

Intercept

398.2255

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-be-vs-stock-ma-daily